3-5 years of experience
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Employment Type:
Full time
Job Category:
Customer Service
Trading Desk Assistant
(This job is no longer available)
Trust Co of West | Los Angeles, CA
Grad Date

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Job Description


The Trading Desk Assistant supports the credit team in TCW's fixed income group with a variety of daily tasks and projects.


* Maintain New Issue Calendars - High Yield, Investment Grade, and Loans
* Track new issue participation (orders and allocations) and help communicate with leads
* Monitor the life cycle of trades in TES (trade entry system), particularly large new issue allocations
* Complete operational tasks in the corporate actions process
* Compile results from portfolio trades, create the upload files, spot each benchmark, confirm prices, and ensure trades have been booked
* Track cash contribution/withdrawals and create tools for portfolio adjustments and to incorporate such information in the allocation process
* Create tools for monitor dispersion
* Maintain and organize all sell side strategy research
* Set up new issue calls with dealers for the analysts
* Assist in monitoring for upcoming new issues
* Create and maintain watch lists for e-trading platforms
* Maintain tracking tools for curves, sector relationships and outright spread targets
* Maintain and update sector and ticker targets for all mandates in the group
* Create tools in MS Excel to help manage/optimize the ramp of buy and maintain portfolios and other unique mandates
* Complete other trade support related tasks as assigned

Minimum Qualifications

* Bachelor's degree in business, finance, economics or a related field
* 3+ years of experience working in the securities industry
* Working knowledge of the market
* Basic fixed income security knowledge and experience
* Operational experience interacting with trading desk
* Strong computer skills with advanced MS Excel and Bloomberg skills
* Strong verbal and written communication skills
* Demonstrated intellectual curiosity and have a passion for learning
* Excellent attention to detail and ability to multi-task in a trade room atmosphere
* Must be resourceful and a self-starter who takes initiative and learns quickly
* Diligent, hard-working, responsible, willing to work both in a team setting and independently, and have proven these characteristics

Desired Qualifications

* Trading/Order Management system experience